Government Plans to Double Withholding Tax on Cash Withdrawals by Non-Filers in FY 2025-26
Islamabad, May 31, 2025 – The federal government is preparing to tighten its grip on tax evasion in the upcoming…
Finance Minister Aurangzeb Highlights World Bank’s Role in Strengthening Pakistan’s Economic Partnership
Islamabad, May 31, 2025 – Federal Minister for Finance and Revenue Muhammad Aurangzeb praised the World Bank’s long-standing contributions to…
SECP Unveils Proposed Framework for Algorithmic Trading in Pakistan’s Capital Markets
The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward modernizing the country’s capital markets by…
KSE-100 Index Climbs 7.5% in May on Policy Rate Cut and IMF Backing
Karachi, May 31, 2025 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index delivered a solid performance in May 2025,…
SBP Requires Additional $2.5 Billion to Meet $14 Billion Reserve Target by Fiscal Year-End
The State Bank of Pakistan (SBP) announced on Thursday that its foreign exchange reserves rose by $70 million to reach…
PSX Surges to New Heights as KSE-100 Closes the Week on a High Note
The Pakistan Stock Exchange (PSX) wrapped up the final trading session of the week on a bullish note, with the…
State Bank of Pakistan Releases Official Foreign Exchange Rates for May 30, 2025
On May 30, 2025, the State Bank of Pakistan (SBP) published its official foreign exchange rates, offering a structured reference…
Faysal Bank Honored for Islamic Finance Innovation at GIFA 2025
Faysal Bank Limited (FBL), one of Pakistan’s foremost Islamic financial institutions, has been recognized for its outstanding contributions to innovation,…
NIBAF Hosts SBOTS-27 Training on Communication and Public Speaking Led by Dr. Sonia Irum
The National Institute of Banking and Finance (NIBAF) Pakistan organized an impactful training session on “Communication and Public Speaking” as…
NIBAF Hosts “T-24 Currency and Banking” Training Program in Islamabad, Led by SBP BSC Expert
The National Institute of Banking and Finance (NIBAF) Pakistan organized a specialized training program titled “T-24 Currency and Banking” at…